HTC to be taken over by Lenovo?

Android Authority reports rumors are spreading across the web that Lenovo has been holding secret meetings with HTC since August to discuss a possible acquisition.

Wang also denied the rumors that the company was considering buyout offers, but that’s not enough to stop the rumor mill from turning. According to the Korean publication eToday, HTC is not only actively looking to make a deal, they have already been holding secret meetings with Lenovo since August.

As the rumor goes, Lenovo is interested in taking over HTC’s brand, though no exact terms have been reached just yet. If a deal can be reached, we will supposedly see an official announcement by Lenovo and HTC as early as the first half of next year.